Visual Economy

Free Market Silver and Libertarians in 2012?

Silver market investigator Bix Weir predicts manipulation of silver prices will end in 2010 and a Ron Paul win.

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WealthCycles Commentary


As the interviewer points out, Weir has been scorned as a fringe element—the only problem is that some of his ideas are borne out by evidence.

Agree with him or not, Bix Weir shares some provocative ideas in this year-end wrap interview with SGTreport.com.

Not only does Weir believe, as do the members of the Gold Anti-Trust Action Committee (GATA), that the silver market is manipulated, he believes the Obama administration has played an active role in that manipulation. Commenting on the extreme volatility of the silver market in 2011, Weir explains:

“This was all orchestrated, set in place by [former Clinton Commerce Secretary and corporate power broker] Bill Daley when he joined on with Obama as his adviser, and chief of staff, and he and the guys at JP Morgan, along with Treasury, set this price volatility for the entire year, starting in January. They do it with computers; they do it every year.”

Weir predicts that government manipulation of the silver market will end in 2012, and that COMEX, the leading U.S. exchange for metals trading, will fold over fraud and price manipulation charges.

He also thinks U.S. presidential candidate and Congressman Ron Paul is being positioned by the “good guys” to lead the United States in the aftermath of the collapse of the global monetary system.

As the interviewer points out, Weir has been scorned as a fringe element—the only problem is that some of his ideas, such as his conviction that silver prices have been artificially suppressed, are borne out by evidence. As 2012 progresses, it will be interesting to look back and see how many of Weir’s wild and not-so-wild predictions turned out to be accurate.

This article does not constitute endorsement by WealthCycles.com of Weir’s opinions or of any political party or candidate.